Nagarjuna Properties Are In Auction Now

Nagarjuna Properties Are In Auction Now

Hero Nagarjuna in deep troubles now.One of his major properties 7.25acrs land was under bank control.This land is belongs to Annapurna Studios.In leading news paper Andra Bank and Indian bank released public statement about this properties auction.Nagarjuna lend 62cr from the bank to develop Annapurna studios in commericial space but he failed to pay return to the banks.

Banks send many legal letters to pay this amount but due to financial troubles he did not responded now bankers enter and occupied the complete land.let’s see how Nagarjuna will pay the money to save the studio.